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Should I Stop Loss Manually or Wait For Expert Advisor? One of the biggest advantages of expert advisors is that they operate without emotions. This is particularly true for retail traders who almost always think and trade with emotions until they consume all of their capital...
Hello traders, On this video i am trading EURUSD and GOLD Using the "SUPPLY DEMAND EA PROBOT". I created a price range, i selected the trading direction that i want and ProBot did everything while i was away from my laptop. It is very easy to and profitable...
The S&P 500 and Nasdaq both hit new record closing highs on Monday, despite investor caution ahead of consumer price data and the Federal Reserve's policy announcement this week. Nvidia (NVDA.O) shares provided some support to the Nasdaq and S&P 500, rising 0...
Chat with Open AI about MQL4 and MT4 on your MT4 platform. This is convenient if you don't want to be distracted on other subjects. The bot will not respond to anything other than MQL4 and MT4 prompts allowing you to keep on the chart and focus. https://www.mql5.com/en/market/product/118576...
Wall Street stocks ended slightly lower on Friday amid turbulence after strong U.S. jobs data confirmed the resilience of the economy but also raised concerns that the Federal Reserve may keep interest rates high longer than many investors had expected. The U.S...
Completing the Prop Firm Challenge is one of the most difficult tasks for a trader. According to statistics, more than 95% of traders fail at the Challenge, constantly spending money on new and new accounts, but never achieve the desired goal...
EUR/USD: Who Controls the Financial Market ● It is clear that interest rates rule the markets, not only in terms of actual changes but also regarding expectations about the timing and magnitude of future changes...
MT4 Version: Bollinger Band Strategy EA MT4 MT5 Version: Bollinger Band Strategy EA MT5 Complete User Documentation — MT4 & MT5...
The S&P 500 and Nasdaq Composite ended Thursday with small losses ahead of a major jobs report, retreating from record highs hit the day before. The Dow, however, edged up slightly...
n modern trading, there are different types of levels that traders use as reference points on price and time charts. Let's explore some of these levels: Horizontal Levels: Horizontal lines on a chart represent price levels...
In my morning forecast, I drew attention to the level of 1.2779 and planned to make market entry decisions based on it. Let's look at the 5-minute chart and see what happened...
1. Introduction -What is EA and how does it work: An Expert Advisor (EA) is an automated trading software used to monitor and execute trades in the Forex market without human intervention...
Why Trading Patterns will Kill You Softly Trading patterns may seem like a reliable way to make profits, but they can be deceptive. When these patterns disappear, they often don't return quickly, sucking money from your account and eroding your confidence...
Introduction The Monte Carlo method is one of the gambling system betting techniques, and it is a "casino strategy" that has a legend that it destroyed a land-based casino in Monte Carlo, Monaco...
In the fast-paced world of trading, efficiency and precision are paramount. Introducing Trade Board , the professional trade assistant designed specifically for MetaTrader 4 and MetaTrader 5 platforms...
The Dow Jones Transportation Average (.DJT) is down about 5% this year, in stark contrast to the S&P 500's (.SPX) 9% year-to-date gain and the Dow Jones Industrial Average's (.DJI) 1% gain, which topped 40,000 for the first time this month...
During this week EA made 6 trades on the account of Prop Firm FTMO, and all 6 were profitable. The total profit of the EA was $3,469, which is 3.4% to the deposit for the week. To complete the Prop Firm Challenge, your profitability must be 10%. To do this, you need to have 2...
What is Monte Carlo Method The Monte Carlo method is a popular betting strategy that uses probability and statistical models to make informed betting decisions...
How to set Labouchere System EA This is an EA that operates 6 logics (TYPE A to TYPE F) on multiple currency pairs. So it needs to be applied to 19 charts. The setting method is described below. １．Setting method of TYPE Please set each EA to the following currency pairs and time frames...
